Oz p*rn king planning 'world's biggest brothel' in SydneyKingpin of Australia's adult toy industry Malcolm Day has begun raising money for what he claims will be the 'world's biggest brothel', a three-storey 42-room mega-sex-complex opposite Sydney University on the city's Parramatta Road. ANI

US debt deal crisis is complete capitulation for Democrats: NYT editorialThe deal to end the debt crisis in the United States between Democrats and Republicans in Congress has been described by a New York Times editorial as "a nearly complete capitulation to the hostage-taking demands of Republican extremists," and warned that "it will hurt programs for the middle class and poor, and hinder an economic recovery." ANI

Military stokes xenophobia in EgyptFacing mounting challenges and spreading unrest, Egypt's interim military rulers have blamed foreign agents for pushing protesters to demand reforms and a speedy transition to democracy. ANI

Delegate Study Reveals Positive Results for Victorian Economy A landmark study released by the Melbourne Convention + Visitors Bureau (MCVB) into the travel and spending habits of visiting convention delegates to Melbourne has reinforced the city’s reputation as Australia’s Business Events capital. Business Wire India

Alibaba Group, Yahoo!, and SoftBank Reach Agreement on Alipay Alibaba Group, Yahoo! (NASDAQ:YHOO), and SoftBank (TYO:JP:9984) has announced they have reached an agreement in which Alibaba Group will continue to participate in Alipay’s future financial performance, including a future IPO or other liquidity event Business Wire India